The Urban Redevelopment Authority (URA) has launched the residential site at Lorong Lew Lian for sale by public tender today.
This site which can potentially yield about 465 residential units was available for sale on the Reserve List of the 2H2015 Government Land Sales Programme.
On 22 September 2015, URA announced that it had received an application from a developer for the site to be put up for public tender. The developer committed to a bid price of not less than $250,000,000 in the tender for the site.
The tender for the land parcel will close at 12 noon on 5 November 2015. Any tender below the minimum bid price of $250,000,000 will not be considered.